Bank deposits up to 158 billion lei
Publish date: 24-07-2009The deposits in lei and foreign currency of the Romanian population and companies continued to grow in June, advancing by 1.7%, compared to May, up to 158.04 billion lei (37.6 billion euros), on the backdrop of maintaining a positive trend for the deposits in lei, BNR announced Thursday.
In May, bank deposits had risen by 0.5% over April, to 155.37 billion lei (37.18 billion euros) after a 0.3% increase in April, as compared to March.
But the annual growth rate of the value of the deposits attracted by banks dropped to 12.3% in June, from 13.1% in May.
The RON-denominated bank deposits increased by 2.6% in June, as against end-May, to 101.76 billion lei (24.2 billion euros). Compared to same period last year, the RON-denominated deposits increased by 9.7%, reveal the data published by the central bank Thursday.
The population's savings in national currency increased by 2% in June, as against the previous month, to 60.04 billion lei (14.3 billion euros), while those of the companies rose by 3.5% to almost 41.72 billion lei (9.92 billion euros). Compared to June 2008, the population's deposits in lei advanced by 20.9% (14.2% in real terms) and the companies' dropped by 3.3% (-8.7% in real terms).
As regards the forex-denominated bank deposits, expressed in lei, advanced by 0.1% in June, as compared to the previous month, to 56.28 billion lei, but when expressed in euros, foreign currency deposits decreased by 0.5%, up to 13.38 billion euros.
Compared to the end of June 2008, the forex-denominated deposits of the population and companies increased by 17.3% in nominal terms and at the equivalent value in lei. Expressed in euros, the increase in the residents' forex deposits was only 1.7% as a result of the depreciation of the leu.
The population's forex deposits increased by 1.4% in June, as against May, to 33.11 billion lei (7.9 billion euros), at the equivalent value in lei, while the companies' deposits decreased by 1.7 %, to 23.17 billion lei (5.5 billion euros).
The population's forex deposits registered an annual increase, in lei, of 17.1%, while the corporate deposits in foreign currency (non-financial companies and non-monetary financial institutions), expressed in lei, rose by 17.5 % during the period June 2008 - June 2009.
Expressed in euros, the annual growth in the population's forex deposits was 1.5%, while in the forex deposits of corporate residents was 1.9%.
Latest News:
- Insurance market stagnated in 2013 while GDP chare dropped to 1.3%
- The Romanian Leasing Market as of December 31, 2013
- Millennium Bank reports best results since its launch, helped by stronger banking income and cost cuts
- BCR cheapens First Home loans and lowers interest loans for loans in lei
- Millennium Bank's new Salary account clients receive up to 600 lei bonus and their utility bills' payment
- GarantiBank and Seamless introduce SEQR in Romania: the newest mobile payment solution
- Bancpost telecom services, now provided exclusively by Romtelecom and COSMOTE Romania
- Millennium Bank cards offer discounts in Domo stores
- BCR Supervisory Board reshuffles Management Board
- NBR decide to lower the monetary policy rate to 4.25 percent per annum
- Common appointments in Romtelecom and COSMOTE Romania
- Up to 5.5% annual interest rate for Millennium Bank's promotional three-month lei deposit
- Eurozone in recovery mode but gap between North and South still widening
- UniCredit Tiriac Bank and RBS Romania announce the successful completion of the retail clients' migration
- Millennium Bank grants First House loans in lei